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LANICA bought the assets of a local airline called Flota Aérea Nicaragüense (FANSA) for 2m cordobas in 1950, acquiring the control of the lucrative routes to the mining towns of Bonanza and Siuna in the north
[ – LANICA was founded in Jun1945 as a subsidiary of Pan American Airways. The company bought the assets of a local airline called Flota Aérea Nicaragüense (FANSA) in 1950, acquiring the control of the lucrative routes to the mining towns of Bonanza and Siuna in the north. It was the national airline from 1945 until it ceased on 31Aug1981
< Originally Nicaragua’s flag carrier but was declared insolvent in 1981. It operated scheduled passenger flights within South and Central America, as well as to the United States) LANICA was succeeded by Aeronica as Nicaragua’s flag carrier > ]
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